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MarcinO
Rep: 67
Posts: 5,506
The Cable stopped at 1.5023 exactly at intersection of two key lines from weekly/daily timeframe,
That might be it for a couple of days, but I wouldn't exclude further move down to about 1.1460-70, so as to hit obvious SL, before some correction.

I'm looking at 1.5140 and 1.5220-40 levels as interim AOCs for bearish correction.

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6b 2015 11 08 2 png



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6b 2015 11 08 png
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jimkane
Rep: 3,058
Posts: 33,089
Super-busy market today, I had no time to post. Sorry, but it was one of those extraordinary days.
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MarcinO
Rep: 67
Posts: 5,506
Cable heading towards 1.5175, I guess.
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MarcinO
Rep: 67
Posts: 5,506
My guess is that the Cable is ready to dump from here or maybe after one more push up. We will see.
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MarcinO
Rep: 67
Posts: 5,506
They needed to hit that TL. 1.5130 would be nice AOC for that drop, but it's too early to dream about it, yet.
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MarcinO
Rep: 67
Posts: 5,506
I have to quit early today and will come back on Tuesday only. Have fun, guys.
RA
rat89
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Posts: 7,015
ok, have a great weekend
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rat89
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Posts: 7,015
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screen shot 2015 11 13 at 11 14 25 am png

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screen shot 2015 11 13 at 12 32 27 pm png

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screen shot 2015 11 13 at 10 36 08 am png

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screen shot 2015 11 13 at 10 20 57 am png
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jimkane
Rep: 3,058
Posts: 33,089
Nice charts, rat.
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jimkane
Rep: 3,058
Posts: 33,089
So, as I said yesterday, the 2025 area was what I wanted. It took a little longer than a straight flush to it, and a key downsloping line dropped a little, so the low end of the area was hit. 2021.25 was the low. I suspect this area may not hold, though. The next key area, and this is on the higher timeframe, is in the 1950's. I am really hoping it heads down there, but likely there would be vicious bounces along the way. This may be a 'retest' of the low in here, or this may be trying to push through these lines a bit here and head to a tight Fib clustering at 13-17. I really see this all as the same area from a much higher timeframe going back many months. Exciting stuff.
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jimkane
Rep: 3,058
Posts: 33,089
3D retest of the low?
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jimkane
Rep: 3,058
Posts: 33,089
I actually logged back in to make one more post. Look at how the ES finished in the little after futures Friday session! Another dump down, closing just off the new LOD, which was set at 2011.50! Sure, 'they' may come in like gangbusters on Sunday, but wow, is this weak. That change in tenor I got, it was no joke. I am so glad I posted that when I sensed it. I think the 1950's might be next.